Mastercard announced the launch of its Agentic Payments Program, Mastercard Agent Pay. The groundbreaking solution integrates with agentic AI to revolutionize commerce. Mastercard Agent Pay will deliver smarter, more secure, and more personal payments experiences to consumers, merchants, and issuers. The program introduces Mastercard Agentic Tokens, which build upon proven tokenization capabilities that today power global commerce solutions like mobile contactless payments, secure card-on-file, and Mastercard Payment Passkeys, as well as programmable payments like recurring expenses and subscriptions. This helps unlock an agentic commerce future where consumers and businesses can transact with trust, security, and control. Mastercard will collaborate with Microsoft on new use cases to scale agentic commerce, with other leading AI platforms to follow. Mastercard will also partner with technology enablers like IBM, with its watsonx Orchestrate product, to accelerate B2B use cases. In addition, Mastercard will work with acquirers and checkout players like Braintree and Checkout.com to enhance the tokenization capabilities they are already using today with merchants to deliver safe, transparent agentic payments. For banks, tokenized payment credentials will be seamlessly integrated across agentic commerce platforms, keeping card issuers at the forefront of this rapidly evolving technology with enhanced visibility, security, and control. Mastercard Agent Pay will enhance generative AI conversations for people and businesses alike by integrating trusted, seamless payments experiences into the tailored recommendations and insights already provided on conversational platforms. By identifying and validating a customer using Mastercard’s tokenization technology, a retailer will be able to offer a meaningful and consistent shopping experience, layering on relevant and personalized benefits, such as recommended products, free delivery, rewards, and discounts. Mastercard will work with Microsoft to integrate Microsoft’s leading AI technologies, including Microsoft Azure OpenAI Service and Microsoft Copilot Studio, with Mastercard’s trusted payment solutions to develop and scale agentic commerce, addressing the evolving needs of the entire commerce value chain.